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Code: 53016 Visited: 124 Publish Date: Nov 17 2018 - 12:59
https://goo.gl/aVk7Ki
TSE
FEAS Ranks TSE the Top in Listings
Tehran, Nov. 17 (SENA) - Secretariat of Federation of Euro-Asian Stock Exchanges published the business efficiency report of 2017, in which TSE ranks first in terms of the number of listed companies among the 17 participating members.

Tehran, Nov. 17 (SENA) - Secretariat of Federation of Euro-Asian Stock Exchanges published the business efficiency report of 2017, in which TSE ranks first in terms of the number of listed companies among the 17 participating members. The report evaluates the members in criteria such as size, region, legal structure, financial instruments, and profit or non-profit structure.

The exchanges with less than 50 employees are considered as small, 51 to 250 as a medium, and more than 251 as big exchanges. Based on the data, following Egypt, Iran is the second populated country. With 236 listed companies, TSE ranks first, and with 108 brokers ranks third. The market cap also puts TSE in the second place.

The profit margin of the participating members was at 31 percent. Moreover, the revenue sources of exchanges are comprised of trades, listings, data dissemination, membership fees, IT products, and post-trade services. The results show that similar to 2016, the majority of the revenues came from traders and not issuers.

 

 

 
By: Security and Exchange News Agency (SENA)
 
 
 
 
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